Medicare Part B Keeping Default Pay Rate for 340B Drugs, Says OPPS Proposed Rule

CMS
Medicare Part B plans to continue paying average sales price plus 6% for for 340B acquired drugs and biologicals in 2024, the U.S. Centers for Medicare & Medicaid Services said July 13.
Medicare Part B plans to continue paying the statutory default rate—generally average sales price plus 6%—for 340B acquired drugs and [...]

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U.S. Chamber of Commerce Asks Court to Pause Medicare Drug Price Negotiations

U.S. Chamber of Commerce
The U.S. Chamber of Commerce asked a federal district court last week for a preliminary injunction against Medicare drug price negotiation.
The U.S. Chamber of Commerce asked a federal district court in Ohio last week to stop Medicare from implementing the [...]

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In What Could be a First, Drug Maker Gives Providers Deadline to Request 340B Overcharge Refunds

VistaPharm
Drug manufacturer VistaPharm says requests for refunds for 340B overcharges must be received before Aug. 31. No manufacturer is believed to have set such a deadline before, and it's unclear if VistaPharm is the first to say refunds are available upon request.
Generic and over-the-counter drug manufacturer VistaPharm said in a public notice this week that it has identified 340B covered entities [...]

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Some 340B Hospitals Might Get Less Than Expected Under Fix for Illegal Medicare Drug Payment Cuts

Spreadsheet
CMS's projections of what it owes 340B hospitals for unlawful Medicare Part B drug payment cuts might not align with what health systems and hospitals expect to get.
A $9 billion Medicare proposal to repay 340B hospitals for unlawful Part B drug payment cuts includes a spreadsheet showing [...]

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Providers March to Capitol Hill for Second Straight Year to ‘Defend 340B’

CV340B
Around 50 340B provider advocates marched to the U.S. Capitol yesterday to urge Congress to defend the drug pricing program. Nonprofit group CV340B organized the demonstration.
On a sunny, humid, 92-degree afternoon in Washington, D.C., over 50 safety-net health care providers marched to the U.S. Capitol [...]

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Providers Celebrate 340B Medicare Drug Payment Fix, Object to How It’s Funded

Federal Register
CMS today formally published in the Federal Register its proposed remedy for illegal Medicare Part B drug payments cuts for many 340B hospitals from 2018 through 2022.
Provider groups widely celebrated the Medicare proposal to provide a $9 billion lump sum payment to reimburse 340B hospitals for [...]

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Ease 340B Requirements for Generic Drugs to Ease Shortages, Trade Group Tells Congressional Committee Chairs

Pills
Congress should ease 340B requirements for generic drugs to help stem shortages, the trade group for makers of the drugs said in a July 7 white paper.
Low-cost generic drugs should get an exemption from the 340B drug pricing program to help reduce drug shortages, the U.S. [...]

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As Congress Weighs 340B Changes, Leading HIV/AIDS Group Urges it to Support the Program

Washington Examiner
Washington Examiner, a conservative news outlet, published an op-ed by AHF President Michael Weinstein urging Congress to protect 340B from the drug industry.
A leading not-for-profit HIV and AIDS treatment organization amplified its 340B advocacy recently with an op-ed in a Washington, D.C., [...]

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Breaking News

CMS Proposes $9 Billion in Lump Sum Payments to Reimburse Hospitals for Past 340B Part B Drug Payment Cuts

CMS proposed rule
CMS late this afternoon proposed how it will repay 340B hospitals for $10.5 billion in illegal Medicare Part B drug payment cuts.
The U.S. Centers for Medicare & Medicaid Services plans to provide lump sum Medicare Part B drug payments to 340B [...]

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White House Clears CMS to Issue Proposed Fix for 340B Hospital Part B Drug Payment Cuts

OMB clearance of CMS Part B remedy proposal
The White House Office of Management and Budget yesterday cleared CMS to issue its proposed remedy for five year's worth of Medicare Part B drug payment cuts for 340B hospitals.
The White House yesterday gave the U.S. Centers for Medicare & Medicaid Services the go-ahead to publish its proposed remedy [...]

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